Daewoo Shipbuilding Archives | Be Korea-savvy
Daewoo Shipbuilding Adding Smart Ship Solution to Wind Turbine Installation Vessel

Daewoo Shipbuilding Adding Smart Ship Solution to Wind Turbine Installation Vessel

SEOUL, Oct. 24 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co. is building an eco-friendly wind turbine installation vessel (WTIV) that is equipped with smart ship features. The company signed a contract with Monaco-headquartered maritime player Eneti Inc. last week to add its smart ship system to a WTIV being built at the company’s [...]

DSME Inks Tie-up with U.S. Firm on Liquid Hydrogen Carrier

DSME Inks Tie-up with U.S. Firm on Liquid Hydrogen Carrier

SEOUL, Oct. 13 (Korea Bizwire) — South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has signed a business tie-up agreement with a U.S. energy company on the development of technologies for a large liquid hydrogen carrier. The deal with CB&I, a unit of U.S. energy engineering and construction solutions provider [...]

DSME Completes Test of CO2 Capture Unit

DSME Completes Test of CO2 Capture Unit

SEOUL, Oct. 6 (Korea Bizwire) — South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has finished testing an onboard carbon dioxide (CO2) capture and storage (OCCS) unit. The new system has been tested on a liquefied natural gas (LNG) carrier and is expected to help reduce greenhouse gas emissions, DSME [...]

DSME Builds Land-based Test Site for Eco-friendly Technologies

DSME Builds Land-based Test Site for Eco-friendly Technologies

SEOUL, Sept. 30 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co. (DSME) announced on Thursday that it established a land-based test site within its R&D campus in Siheung, Gyeonggi Province as part of efforts to develop eco-friendly and smart ship technology. The newly-established facility is designed to verify the performance of propulsion systems used [...]

Hanwha Eyes Major Boost in Defense, Green Energy Drive with Envisioned Daewoo Shipbuilding Takeover

Hanwha Eyes Major Boost in Defense, Green Energy Drive with Envisioned Daewoo Shipbuilding Takeover

SEOUL, Sept. 26 (Korea Bizwire) — Hanwha Group’s push to take over Daewoo Shipbuilding & Marine Engineering Co. (DSME) heralds a major boost for its key defense and green energy sectors amid widening efforts to streamline the business structure while expediting the leadership succession process. Hanwha, South Korea’s seventh-largest conglomerate, said it signed a conditional [...]

Daewoo Shipbuilding Inks MOU with Hanwha on Conditional Sale

Daewoo Shipbuilding Inks MOU with Hanwha on Conditional Sale

SEOUL, Sept. 26 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co. (DSME) signed a preliminary investment deal with Hanwha Group on Monday, in a move that could put the embattled shipyard in the latter’s hands. Under a memorandum of understanding, Hanwha Aerospace and other Hanwha subsidiaries will participate in DSME’s 2 trillion-won (US$1.4 billion) [...]

Daewoo Shipbuilding Develops ESG Assessment Indexes

Daewoo Shipbuilding Develops ESG Assessment Indexes

SEOUL, Sept. 22 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has developed indexes to assess the performance of its ESG management activities for the first time among local shipyards. DSME, a major local shipbuilder, said it has applied the 146 ESG indexes to its Okpo shipyard on Geoje Island, [...]

DSME Inks Carbon-tech Deals with Global Maritime Registers

DSME Inks Carbon-tech Deals with Global Maritime Registers

SEOUL, Sept. 8 (Korea Bizwire) — South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has agreed with major foreign and domestic maritime registers to cooperate in developing technologies for carbon-neutral vessels at the ongoing global gas fair in Italy. Under a deal with the American Bureau of Shipping (ABS), DSME [...]

DSME Picked to Develop Korea’s First Hydrogen Fuel Cell Tugboat

DSME Picked to Develop Korea’s First Hydrogen Fuel Cell Tugboat

SEOUL, Sept. 1 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has been chosen to carry out a state-funded project to develop South Korea’s first hydrogen fuel cell tugboat. Under a deal signed with the government, DSME said it will develop a 3-megawatt-class battery-fuel cell tugboat based on its remote [...]